Research on the Transgenerational Succession from a Knowledge-Based View of the Family Firm

Ownership and control of the family members of the transgenerational succession are usually emphasized and the transmission of material wealth is valued,but non-material resources' succession is ignored.There are a number of studies based on the agency theory,transaction cost theory,but little from the perspective of knowledge view.By literature review and knowledge view,9 family firms are studied through case study method.This paper analyzes and explores the characteristics of succession and operation rules of Chinese family firms.